BlackRock Completes Acquisition of Global Infrastructure Partners
BlackRock, Inc. has completed the acquisition of Global Infrastructure Partners (GIP), an infrastructure investment firm with over US$100 billion in assets under management.
GIP focuses on real infrastructure assets in sectors like energy, transport, and digital infrastructure, with a portfolio that includes investments in airports, ports, and renewable energy platforms. The acquisition strengthens BlackRock's position in global infrastructure investment, combining GIP's expertise in infrastructure with BlackRock’s global reach. The deal is expected to close in Q3 2024, following regulatory approvals.
Country updates
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October 07, 2024
Howard S. Wright selected to deliver Vern Miller Civic Centre renovations in Oregon
Howard S. Wright, a Balfour Beatty company, has been selected to deliver exterior and interior renovations to the Salem Civic Centre/City Hall in Salem, Oregon, USA. Howard S. Wright will carry out G...
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September 25, 2024
California bank & trust to acquire Firstbank coachella valley, CA branches
California Bank & Trust (CB&T) has agreed to acquire four branches from FirstBank in the Coachella Valley, specifically located in Palm Desert and Indio. This acquisition includes approximate...
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September 20, 2024
Balfour Beatty won US$9 million rail project near Petco Park in San Diego
Balfour Beatty has won a US$9 million contract to deliver the next phase of the City of San Diego’s Park Boulevard at Grade Crossing. Located near Petco Park and within the railroad right-...
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September 03, 2024
Work begins on US$2.6 billion expansion of San Francisco airport
San Francisco International Airport (SFO) has unveiled plans to renovate and expand Terminal 3 West which will see modern bag-drops, new security checkpoints as well as more space for food,...
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September 02, 2024
Date set for TDOT Choice Lanes procurement
Tennessee Department of Transportation (TDOT) has set out the timeline for its procurement of a private partner to deliver the first of its Choice Lanes projects. Choice Lanes are additional lanes de...
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